The Thrift Savings Plan, or “TSP,” can often seem like an underrated part of the FERS program. Compared to the FERS pension, it may feel less valuable. In fact, your TSP can be the difference in achieving the retirement you’ve always wanted.
A Roth IRA provides several advantages in retirement when you start to use your savings for income. And, transferring funds from your traditional individual retirement account to a Roth IRA is often a terrific tax strategy.
Financial goals are never-ending. No matter your age or level of happiness, there’s always something you would like to use your hard-earned money for.
As a married couple, part of creating a secure financial future involves planning around the unfortunate passing of the other. Just imagine if your spouse has to take control of the household’s finances without knowing what funds are rightly owed to him or her.
Here’s something that’s painfully obvious to all parents: college is expensive. The total average cost of a four-year, in-state public college is $90,760, according to the College Board. And, that cost is expected to only grow larger as college tuition and fees outpace inflation.
Advance Capital Management’s president and chief investment officer, Christopher Kostiz, provides his key economic and market insights from the most recent quarter.
As a government employee, the Federal Employees Retirement System (FERS) Basic Benefit is a benefit available to you to help replace your current income and live a comfortable retirement. It is commonly referred to as the FERS pension. The size of your benefit can vary greatly as it depends on personal decisions you make during your working years.
As with many retirement planning decisions, there is no one right way to claim Social Security. The best time for you to file depends on several factors, ranging from your health, the size of your retirement savings, what other income sources you have, and your marital status.
It’s a question often asked by parents, from new parents to grandparents: how much should I be saving for college?
One of the best AT&T benefits for employees is a 401(k) account. It allows you to save, invest and grow money to supplement your AT&T pension. But, what happens when you retire or change jobs? What should you do with the money you’ve saved in your AT&T 401(k) account?